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The global coffee market will be in deficit of 800.000 60kg bags in the 2014/2015 season, by crop losses from drought in the Arabian world's largest producer, Brazil, and problems caused by fungal disease in Central America, said an official of the International Coffee Organization (ICO).
Nevertheless, the world has enough to meet the projected consumption of 146 million bags stocks, said on Friday (7/11) to Reuters the CEO of ICO, the Brazilian Roberio Oliveira Silva, during a conference in Ethiopia.


Café Africa International, a research group based in Switzerland, said that Africa should again lead the global coffee production within a decade. "I have conviction that Africa is the largest supplier of coffee to the world market, they are consuming more and more product," said the chief executive (CEO) of the organization, John Schluter, in an event in Launde, capital of Cameroon.


Over the past 50 years, the coffee market was characterized by a period of the regulated market with direct intervention through a system of export quotas, and a second time without direct intervention, from 1990 until now, according to the International Coffee Organization (ICO).


According to figures released by the ICO (International Coffee Organization), the continuing deterioration of coffee prices stabilized slightly in November, despite the average monthly prices of four indicators of coffee groups remain at minimum.


According to figures released by the International Coffee Organization (ICO), coffee prices suffered further declines in October, with the prices of the four indicators of coffee groups to descend rapidly throughout the month.
The monthly average of the composite indicator price is now at its lowest level since March 2009, and the trend of sharp decline observed in the last two years shows no sign of slowing.


The International Coffee Organization (ICO) announced on Monday it has increased by 0.5% its estimate for world crop product in 2012/13, leaving it at 145.2 million bags (60kg each) thanks to improvements in the coffee plantations in Brazil and Colombia.
The new estimate for this season, which ended on September 30th, indicates a volume 9.6% higher than what was collected in 2011/12, and represents the highest figure ever publicly disclosed this type of assessment, which is made from the harvest 1990/91.


Although coffee is among the favourite drinks of consumers and is one of the most traded commodities in the world, surpassed only by oil, several researchers suggest that climate change may affect their production.
If you check this, the Brazil will certainly be one of the most affected, since they are the largest producer and exporter of coffee in the world, accounting for a quarter of world production, area where coffee consumption is growing exponentially.


The International Coffee Organization (ICO) argues that national governments should support producers, where the market price is below the cost or risk cripple the production of grain. In monthly report, the Organization emphasizes the "socio-economic importance of coffee as a main source of income, especially in rural areas, means that every effort should be made by governments to support their producers."


The world coffee production in 2012/13 is expected to increase 7.7% from a year earlier to 144.5 million bags, said on Wednesday the International Coffee Organization (ICO).
A frost in the main world producer, Brazil, in July should not cause damage to production in the main producing areas in Minas Gerais and Espírito Santo, stressed the OIC.


In its monthly report for June, the International Coffee Organization (ICO) says that before the current price levels, there is less incentive for farmers to invest in crops as well as in the use of inputs such as fertilizer and labour. This could have a negative impact on production volumes and quality over the next few years. The result will be increased volatility and a value of less sustainable production chain.


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